{"title":"向实现碳中和和可持续发展目标 13 迈出一步:金融深度和绿色技术创新的作用","authors":"Sunil Tiwari , Arshian Sharif , Emrah Sofuoğlu , Florian Nuta","doi":"10.1016/j.ribaf.2024.102631","DOIUrl":null,"url":null,"abstract":"<div><div>Following the recommendations of COP28 and Sustainable Development Goal −13 (Climate Action), the present study examines the role of financial depth and green technology innovation in carbon neutrality and climate change. This study measures the relationship between green innovation, technological innovation, ICT, financial depth, economic growth, carbon emission, and ecological footprint from 1990 to 2021 in the USA. The autoregressive distributed lag (ARDL) model examines the relationship between the above-mentioned variables and their impacts on each other. Results reveal that green innovation, technological innovation, ICT, and financial depth significantly negatively impact ecological footprint and carbon emissions in both the short and long run. In contrast, economic growth positively impacts carbon emissions and ecological footprint. Green and financial innovation-centric policies are suggested to the USA to attain net zero emission and SDG-13.</div></div>","PeriodicalId":51430,"journal":{"name":"Research in International Business and Finance","volume":"73 ","pages":"Article 102631"},"PeriodicalIF":6.3000,"publicationDate":"2024-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"A step toward the attainment of carbon neutrality and SDG-13: Role of financial depth and green technology innovation\",\"authors\":\"Sunil Tiwari , Arshian Sharif , Emrah Sofuoğlu , Florian Nuta\",\"doi\":\"10.1016/j.ribaf.2024.102631\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Following the recommendations of COP28 and Sustainable Development Goal −13 (Climate Action), the present study examines the role of financial depth and green technology innovation in carbon neutrality and climate change. This study measures the relationship between green innovation, technological innovation, ICT, financial depth, economic growth, carbon emission, and ecological footprint from 1990 to 2021 in the USA. The autoregressive distributed lag (ARDL) model examines the relationship between the above-mentioned variables and their impacts on each other. Results reveal that green innovation, technological innovation, ICT, and financial depth significantly negatively impact ecological footprint and carbon emissions in both the short and long run. In contrast, economic growth positively impacts carbon emissions and ecological footprint. Green and financial innovation-centric policies are suggested to the USA to attain net zero emission and SDG-13.</div></div>\",\"PeriodicalId\":51430,\"journal\":{\"name\":\"Research in International Business and Finance\",\"volume\":\"73 \",\"pages\":\"Article 102631\"},\"PeriodicalIF\":6.3000,\"publicationDate\":\"2024-10-10\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Research in International Business and Finance\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0275531924004240\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Research in International Business and Finance","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0275531924004240","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
A step toward the attainment of carbon neutrality and SDG-13: Role of financial depth and green technology innovation
Following the recommendations of COP28 and Sustainable Development Goal −13 (Climate Action), the present study examines the role of financial depth and green technology innovation in carbon neutrality and climate change. This study measures the relationship between green innovation, technological innovation, ICT, financial depth, economic growth, carbon emission, and ecological footprint from 1990 to 2021 in the USA. The autoregressive distributed lag (ARDL) model examines the relationship between the above-mentioned variables and their impacts on each other. Results reveal that green innovation, technological innovation, ICT, and financial depth significantly negatively impact ecological footprint and carbon emissions in both the short and long run. In contrast, economic growth positively impacts carbon emissions and ecological footprint. Green and financial innovation-centric policies are suggested to the USA to attain net zero emission and SDG-13.
期刊介绍:
Research in International Business and Finance (RIBAF) seeks to consolidate its position as a premier scholarly vehicle of academic finance. The Journal publishes high quality, insightful, well-written papers that explore current and new issues in international finance. Papers that foster dialogue, innovation, and intellectual risk-taking in financial studies; as well as shed light on the interaction between finance and broader societal concerns are particularly appreciated. The Journal welcomes submissions that seek to expand the boundaries of academic finance and otherwise challenge the discipline. Papers studying finance using a variety of methodologies; as well as interdisciplinary studies will be considered for publication. Papers that examine topical issues using extensive international data sets are welcome. Single-country studies can also be considered for publication provided that they develop novel methodological and theoretical approaches or fall within the Journal''s priority themes. It is especially important that single-country studies communicate to the reader why the particular chosen country is especially relevant to the issue being investigated. [...] The scope of topics that are most interesting to RIBAF readers include the following: -Financial markets and institutions -Financial practices and sustainability -The impact of national culture on finance -The impact of formal and informal institutions on finance -Privatizations, public financing, and nonprofit issues in finance -Interdisciplinary financial studies -Finance and international development -International financial crises and regulation -Financialization studies -International financial integration and architecture -Behavioral aspects in finance -Consumer finance -Methodologies and conceptualization issues related to finance